Hi it is Jacky.
Today,Let’s share one TikTok toturials:TikTok Breaking News 2024/08/08
O1:TikTok’s Impact: From Viral Videos to Sales Sensations
TikTok isn’t just about viral dances and challenges anymore; it’s becoming a powerhouse for product discovery and sales. Case in point: a multi-functional home storage cabinet that took TikTok by storm since its May launch. This innovative piece has amassed a staggering $3.52 million in sales, with a single-day peak of 4,112 units sold on July 11th alone, generating $254,900 in revenue. Its success is rooted in its practical design featuring nine drawers, perfect for organized living solutions.
O2:Aromatherapy’s Aromatic Rise on TikTok
As living standards rise, so does the demand for home ambiance products like aromatherapy items. On TikTok, sales of indoor deodorants have surged dramatically in the US, doubling since May to reach 191,900 units in July, up from 153,100 in June. This trend reflects a growing consumer preference for enhancing home environments, driven by TikTok’s influential product showcases.
O3:Legal Battles and Market Impact: Haibao’s Patent Woes
In the realm of legal disputes impacting retailers, Haibao Company’s recent patent infringement lawsuit has cast a shadow over approximately 50 stores. Filed in the US, the lawsuit involves three crucial electrode patents, prompting the Illinois State Court to issue a temporary injunction. Haibao’s proactive stance on intellectual property rights, having resolved similar cases previously, underscores the complexities faced by companies navigating legal landscapes in e-commerce.
O4:Sustainable Innovations: Edible Tableware’s Global Footprint
Biotrem, a Polish pioneer in sustainable tableware, has carved out a niche with its fully biodegradable wheat bran products. These innovative items decompose naturally within 30 days, appealing to environmentally conscious consumers worldwide. With sales exceeding millions of dollars annually across 40 countries, Biotrem’s success highlights the market potential for eco-friendly alternatives in the global consumer goods sector.
O5:Coupang’s Financial Rollercoaster: Growth Amidst Loss
South Korea’s e-commerce giant, Coupang, celebrated a milestone in Q2 2024 with sales surpassing 10 trillion won, marking a 30% year-on-year increase. Active users grew by 12%, reaching 21.7 million, while average customer sales rose modestly by 5%. However, despite these gains, Coupang faced a setback with an operating loss of 34.2 billion won and a net loss of 143.8 billion won. This financial outcome underscores the competitive pressures and operational challenges within the e-commerce sector, despite robust growth metrics.
